One of the president’s allies warns that the trade barriers could hurt American business and consumers. But he has yet to take any real steps to reverse them.
Category: Customs (Tariff)
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U.S. Farmers Brace for Losses in New Trade War With China
China is the third-biggest buyer of U.S. agricultural products. Now that it has punched back with tariffs on American goods, farmers can expect to feel the pain.
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Swiss Indignant to Make the Top 10 of Trump’s Tariffs List
Swiss companies bemoan the loss of a reliable partner, and called the 32 percent tariff “incomprehensible.”
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U.S. Employers Added 228,000 Jobs in March, but Outlook Is Clouded
The gain was stronger than expected, though the impact of President Trump’s tariffs and other policies on the labor market has yet to play out.
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Trump Calls India a Friend, but Is Trying to Block Its Imports
Stunned to see their own exports punished harshly, Indians are picking through the wreckage for signs of hope. There’s some but not a lot.
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Nintendo Delays Preorders for the Switch 2, Citing Tariffs
The new video game console will still be released in June, the Japanese company said. Its price was unveiled as $450 this week.
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Tempted by Trump’s Tariffs to Panic-Buy? Don’t.
A census of Costco carts on Thursday revealed little fear. Tariffs could go as fast as they’re coming, and our columnist is not stuffing his pantry.
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Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”
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Trump Sounds Defiant Note as Tariffs Roil Markets Again
After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”
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Slumping Oil Prices Reflect Intensifying Economic Worries
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — were weighing on the market.
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What Will Trump’s Tariffs Do to EU-China Trade Relations?
The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.
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Trump’s Tariffs Drive Another Market Meltdown
A rapidly escalating trade war has socked stocks as investors weigh the fallout from President Trump’s tariff barrage.